I read an amazing article by Grayson Perry entitled “How art appreciates – it’s a class act”.In a nutshell he reckoned that art finds its true monetary value from what the experts say. But I can see something more from what he says.If a piece of art is to be labeled as having any “value” [...]
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What Makes Art Valuable?
March 17th, 2010 
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Posted in Articles 
Tags: artwork, Butterfly Wing, Class Act, Critique, Grayson Perry, Locality, Monetary Value, Nutshell, Observers, People, Point Of View, Visitors Book, World Context, Worthiness 
No Comments »Art Appraisals – Assessing Fair Market Value Vs Replacement Value
February 22nd, 2010 admin People have art appraisals done for various reasons: curiosity, resale vale, tax purposes, etc. One of the most common reasons for art appraisals though is for insurance purposes. And, this is where the difference between fair market value and replacement value becomes important.About Art Appraisals for Insurance PurposesInsurance companies require valuables like jewelry, paintings, antiques [...]
Posted in Articles Tags: Antiques, Art Appraisal, Art Appraisals, Art Insurance, Curiosity, Current Market, Facsimile, Independent Art, Insurance, Insurance Companies, Insurance Purposes, Insurance Replacement, Intrinsic Value, Jewelry, Liquidation, Paintings, People, Phrase, Tax Purposes, Willing Buyer No Comments »Subjective Art
February 15th, 2010 admin The question is, is Art affordable? I guess the answer to this question can vary depending from whom you ask? The affordability of Art is only relative to the pocketbook of the person who appreciates Art. 1 million dollars for an artwork could be affordable for a person who can buy it with ease, and [...]
Posted in Articles Tags: 1 Million Dollars, Abundance, Affordability, Art 1, artwork, Buy Art, Commodity, Eyes Of The Beholder, Food On The Table, Guess, Harmony, Love, Money, People, Pocketbook, Possession, Reason, Samii, Universe, Urge No Comments »